Prepare the journal entries to record the following purchase transactions in Cullumber Company's books, Cullumber uses a perpetual inventory system Mar. 12 14 Cullumber purchased $17,000 of merchandise from Dalibor Company, terms 2/10, 1/30, FOB destination 13 The correct company paid freight costs of $155. Cullumber returned $2,500 of the merchandise purchased on March 12 because it was damaged. 21 Cullumber paid the balance owing to Dalibor. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Il no entry is required, select "No Entry" for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Prepare journal entries to record the following sales transactions in Sandhill Company's books and uses a perpetuatory system ERAK 6 Jan. 2 Sandhill sold $14,000 of merchandise to Xiaoyan Company, terms 30,FOB shipping point. The cost of the merchandises was 5,50 4 The correct company and freight costs of 5 Xiaoyan returned $1,600 of the merchandise purchased on January 2 because it was not needed. The cost of the merchandise returned was 562, and it was restored to inventory Feb. 1 Sandhill received the balance due from Xicoyan (Credit account titles are automatically indeed when the amount is entered. Do not intent manually. If no entry is required, select "Moetry" for the cities and enter for the amounts Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debi Credit (To record sales) (To record cost) Date Account Titles and Explanation Debit Credit (To record sales) (To record cost)